President / Chancellor of the University of Houston Renu Khator signed an employment agreement with the University of Houston system on December 27, 2007 let’s take a look at some of the particulars:
$425,000 per year salary
$100,000 per year retirement pay
$50,000 yearly bonus
Total annual cash payout $575,000
Free housing at the 6,700 square foot Wortham House @ 1505 South Boulevard. Appraised value of neighbor’s house is $2.2 million. Presidents house is tax exempt.
Automobile with all gas, maintenance, insurance paid.
Club memberships paid.
General expenses such as travel, entertainment, paid including travel expenses for spouse.
Bangladesh garment worker: (some UH clothes are made there)
$15 a month + $8 for overtime
Rent for 6 x 8 foot room $35 a month. 8 workers live in the room.
Fringe benefits: none
See the source for this information and more about the Bangladesh garment worker condition’s here.